Jeremy Hunt has been appointed as the new Chancellor of the Exchequer in the UK after Kwasi Kwarteng, who returned from the US, was sacked ...

Kwasi Kwarteng indicated a possible increase in the corporation tax rate. He also had expressed his intention to implement tax-cutting prop...

British Prime Minister Liz Truss fired her finance minister Kwasi Kwarteng on Friday and scrapped parts of their economic package.

Downing Street confirmed that Truss, in power for only 37 days, would hold a press conference later on Friday after Kwarteng was forced to ...

A revolt among Tory MPs over UK Chancellor Kwasi Kwarteng's economic plan has resulted in a flight home him. Prime Minister Lizz Truss is u...

Liz Truss faced angry MPs, flabbergasted by her continued avoidance of PMQs (Prime Minister's Questions) with arguments about her mini-budg...

Inflation in the UK continues to rise, with mortgage rates breaching records of 10-14 years. Chancellor Kwarteng is scheduled to meet with ...

The UK government has decided not to proceed with its decision to scrap the 45p rate of income tax for higher earners.

“Prime Minister Liz Truss and Kwasi Kwarteng (the Chancellor of the Exchequer) are in deep trouble within their own party. The party confer...

Rupa Huq said that Chancellor Kwasi Kwarteng was “superficially” a black man attending an expensive school like Eton. The Labour Party has ...

Due to tax cuts in Kwasi Kwarteng's mini-budget eroding confidence in the UK, the pound fell to an all-time low versus the dollar.

BRITAIN-BOE/ (UPDATE 1)UPDATE 1-Bank of England says it "will not hesitate" to raise rates

The pound has been falling against the dollar recently after the UK government introduced most significant tax cuts in five decades.

Chancellor of the Exchequer Kwasi Kwarteng has reversed the decision to increase the National Insurance rate by 1.25 per cent and also slas...

A number of tax cuts have been announced by Chancellor Kwasi Kwarteng, including a 1 per cent drop in the basic income tax rate from 20 per...

UK Chancellor Kwasi Kwarteng declared they would reverse the National Insurance hike from November to April. The tax cut will enable 28 mil...

"I think our focus has to be to try and keep Britain safe, we want to work cooperatively as well with other countries but the main priority...